Get Approved at The Lowest Rate
Navigating the process of buying a new home in O Brien, TX while selling your current one can be challenging. Horizon Lending Services' Bridge Loan program provides an ideal solution for a smooth transition, especially in today's competitive market where contingency offers are frequently not accepted.
Start by listing your current home for sale in O Brien, TX or getting it ready for the market.
Identify the new home you want to buy in O Brien, TX, make an offer, and reach an agreement with the seller. You can then proceed with the purchase using our bridge loan.
Our bridge loan program in O Brien, TX often does not require a down payment, freeing you from the need to come up with additional funds.
After your current home sells, we use the profits in O Brien, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in O Brien, TX. You can choose to roll in all closing costs during this process, potentially requiring no money at the closing table.
Many of our bridge loans in O Brien, TX do not require a down payment, making it easier for you to transition to your new home.
You don’t need to qualify for both mortgage payments simultaneously.
Bridge loan payments in O Brien, TX may be deferred, meaning no payments are due while you are using the bridge loan.
You can pay off the bridge loan early without any penalties.
Our bridge loan in O Brien, TX provides the financial flexibility and convenience you need to buy a new home without waiting for your current home to sell, avoiding the hassle of managing two mortgages or making contingent offers. We handle the details, ensuring a seamless transition from your bridge loan in O Brien, TX to permanent mortgage financing, making the process as smooth as possible for you.
Ready to make your move? Contact us today to get started!
Benefits of Bridge Loans: Bridge loans are advantageous for facilitating quick property purchases without the need to sell an existing home first. They offer short-term financing solutions, helping individuals bridge the gap between the purchase of a new property and the sale of their current one, thus avoiding missed opportunities. Demographics: O'Brien, Texas, is a small, tight-knit community with a population that embodies traditional Texan values. The town enjoys a peaceful rural setting, making it an ideal place for those seeking a close-knit neighborhood and a slower pace of life. Housing Market: O'Brien's housing market is characterized by a mix of historic homes and modern properties. The market is relatively stable, offering diverse options for buyers. Bridge loans can be instrumental in securing properties in this competitive market. Main Attractions: O'Brien boasts scenic natural surroundings, including parks and outdoor recreational areas. The town's local businesses and community events contribute to its charm, offering residents a sense of belonging and pride in their town.
Bridge Loans in O'Brien, Texas
